Published Paper Details:

This project aims to implement a Dynamic pricing system that automatically fluctuates the price of the assets based on data about supply, demand, ratings, amenities, seasonality, ease of transit, and the rates that have been set by based on market competitions and creates different prices for different customers. This System focuses on increasing the revenue of the owner of the asset. The owner of the Assets generates revenue by giving their assets on rent. Assets here, in this case, are rented by the customer on an hourly basis. Dynamic pricing will be helping the owners in increasing the revenue by setting the prices appropriately based on demand and supply, ratings, seasonality. Sales trends, and peak sales hours would also be factors that would be considered in calculating the dynamic pricing. This will help the owners of the assets to get more profit. Dynamic pricing helps the owners of the assets to get more bookings and can get more profit, and smartly rent their assets at good rates.